Armor.Fi Hack

Reported loss $850K
Other

What happened

The Armor team claimed that some team members were scammed by OTC and were defrauded of 1.2 million ARMOR tokens. The scammers have dumped all tokens for a profit of 600 ETH (approximately US$850,000). The Armor team disclosed that the scammers pretended to be strategic investors on social media, falsely claiming to purchase tokens from the team through OTC, defrauded 1.2 million ARMOR tokens in OTC transactions, and then sold them.

Scammers' addresses:

Address 0x5cb8…da90

Address 0x9f7f…6de9

Address 0x1ed3…6f2b

Protocol details

Classification Borrowing and Lending
Protocol Type Exploit/Other
Affected asset / contract ARMOR
Protocol links Website @ArmorFi

Evidence

Same attack technique

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